Workflow
ACV Auctions Inc. (ACVA) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ACV AuctionsACV Auctions(US:ACVA) Zacks Investment Researchยท2024-02-19 15:21

Core Insights - ACV Auctions Inc. (ACVA) is projected to report a quarterly loss of $0.04 per share, marking a 75% increase in losses compared to the same period last year [1] - Analysts forecast revenues of $117.62 million for the quarter, reflecting a year-over-year increase of 20.1% [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating a stable outlook from covering analysts [1] Revenue Estimates - Analysts estimate 'Revenue- Customer assurance revenue' to be $13.86 million, representing a 3.9% increase from the prior-year quarter [2] - The estimated 'Revenue- Marketplace and service revenue' is projected at $103.47 million, indicating a 22.3% increase from the previous year [2] Marketplace Metrics - The consensus among analysts is that 'Marketplace Units' will reach 144,222, up from 124,751 in the year-ago period [2] Stock Performance - ACV Auctions Inc. shares have increased by 4.6% over the past month, compared to a 5.2% increase in the Zacks S&P 500 composite [3] - The company holds a Zacks Rank of 4 (Sell), suggesting it is expected to underperform the overall market in the near future [3]